New Delhi, India / Kansas City,
United States, Saturday, January 29, 2011:
Archies Ltd, the leading producer of greeting
cards and related gift products in India
has today announced that they have entered
into a license agreement with Hallmark
Cards, Inc the $4 billion global market
leader in Social Expressions to bring
exclusive Hallmark retail outlets across
the country. The company plans to create
a similar chain of Hallmark stores (as
in the United States) all across India.
These stores will retail exclusive Hallmark
products, including cards, stationery
and gifts, including the powerful and
synergetic brands like Crayola art products,
the William Arthur range of luxury stationery,
and merchandise of world famous characters
like Snoopy & Garfield among others.
The current plan is for Archies to open
Hallmark stores, alongwith the ongoing
expansion of the Archies retail footprint.
Said Mr. Anil Moolchandani, Chairman
of Archies Ltd, “This event
marks a milestone in a relationship that
goes back decades to when we launched
Archies. I had always been inspired by
the Hallmark retail stores and their product
offerings and today, a dream has come
true. To represent Hallmark in India is
an honor and I’m delighted to be
associated with the company and its owners”,
he further added.
Hallmark’s Global Director
of Licensing, Scott Chaloud,
said “I’ve known Anil for
at least 10 years and he knew my predecessors.
We’ve always recognized a natural
connection between the two companies but
have, until now, been unable to make it
a reality. However, we are now committed
to a path that will help grow the category,
add product variety to the market and
establish the Hallmark brand in India.
Archies is both financially and strategically
capable of delivering on the brand promise”.
The partnership seems a win-win scenario
for the global leaders and their Indian
counterparts. Archies proven strength
in retailing and publishing in India combined
with Hallmark’s technological knowhow
and understanding of sentiments will help
both brands co-exist and maximize their
potential in India.
To help make this happen, are the behind
the scenes dedicated design and manufacturing
teams. Archies has an integrated manufacturing
cum warehouse located on a 3.5 acre campus
in Manesar.
About
Hallmark Cards
Hallmark Cards is a $4 billion world-leader
in Social Expressions. Hallmark, which
has over 40,000 retail stores and 3,200
Hallmark Gold Crown stores in the USA
alone. Headquartered in Kansas City, Hallmark
has completed over 100 years in the business
and has grown from its humble beginnings
to becoming a global behemoth. It is a
technology leader in the category and
has many innovations and firsts to its
credit, including sound cards. It also
owns powerful synergetic brands like Crayola
art products and the William Arthur range
of luxury stationery. In addition to having
licenses for merchandise of world famous
characters like Snoopy & Garfield.
It also owns powerful synergetic brands
like Crayola art products and the William
Arthur range of luxury stationery. In
addition to having licenses for merchandise
of world famous characters like Snoopy
& Garfield.
About
Archies
Archies Limited is India’s market
leader in the social expression industry
with over 60% market share in the organized
sector. Having pioneered the concept of
branded retailing in India over the last
three decades Archies has grown with the
spread of modern culture, increasing urbanization
and improving standard of living. With
the retail boom happening in the country,
Archies is consciously targeting malls
and other prime retail space for opening
its own stores.
Archies currently operates 195
exclusive outlets in 14 states 57
cities and nearly 300
franchise outlets across India and neighbouring
countries. With an increased focus of
gifting, Archies has exclusive tie-ups
with many global majors, like Russ Berrie,
Inc. of USA, Keel Toys, Carte Blanche,
Paper Island, History & Heraldry of
UK, just to name a few.
At the CSR level, Archies has long standing
arrangements with HelpAge (India’s
premier NGO for Old People) and CRY (India’s
premier NGO for underprivileged children),
where Archies designs, manufactures and
markets Greeting Cards and other Social
Expression Stationery with royalties going
to them. |